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Walters Bank & Trust

Walters, OK

Walters Bank & Trust processed 44 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 33 loans with a 18.2% denial rate. Home Purchase was the primary loan purpose. Based in Walters, OK. The approval rate of 75.0% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Walters Bank & Trust's 75.0% origination rate tells you how often an application turned into funded money; the 18.2% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (44 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

44
Applications
33
Originated
18.2%
Denial Rate
$74,545
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 44 33 8 $74,545

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Walters Bank & Trust (LEI: 5493008OQHUQJ5KP2L65) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 24 14 $94,583
Refinancing 16 15 $47,500
Other 4 4 $62,500

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White * 36 77.8% 13.9%
Joint * 6 50.0% 50.0%
Asian * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino * 38 79.0% 13.2%
Joint * 4 25.0% 75.0%
Hispanic or Latino * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in OK

Other HMDA-reporting lenders in OK with similar activity. Compare any two side-by-side.

Arvest Bank

TULSA, OK

20,066 apps 12,946 originated 16.2% denied

MidFirst Bank

Oklahoma City, OK

14,527 apps 1,920 originated 2.8% denied

Gateway First Bank

JENKS, OK

13,103 apps 8,366 originated 4.3% denied

Finance of America Reverse LLC

TULSA, OK

12,910 apps 8,638 originated 8.3% denied

Bokf NA

TULSA, OK

11,220 apps 5,852 originated 27.4% denied
Compare Walters Bank & Trust vs Arvest Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Walters Bank & Trust process?
Walters Bank & Trust processed 44 mortgage applications in the 2024 HMDA reporting year. Of these, 33 were originated (approved and funded), 3 were withdrawn by the applicant, and 8 were denied.
What is Walters Bank & Trust's mortgage approval rate?
Walters Bank & Trust has an approval (origination) rate of 75.0%, meaning 75.0% of all applications resulted in a funded mortgage. The denial rate is 18.2%.
What is the average loan amount at Walters Bank & Trust?
The average mortgage loan amount at Walters Bank & Trust is $74,545.
What types of mortgage loans does Walters Bank & Trust offer?
Walters Bank & Trust processes Conventional loans. The most common type is Conventional with 44 applications and an average loan amount of $74,545.
What loan purposes does Walters Bank & Trust serve?
Walters Bank & Trust serves the following loan purposes: Home Purchase (24 applications), Refinancing (16 applications), Other (4 applications). Home Purchase is the most common purpose.
Where is Walters Bank & Trust located?
Walters Bank & Trust is headquartered in Walters, OK. The lender is identified by LEI 5493008OQHUQJ5KP2L65 in HMDA data.
How does Walters Bank & Trust compare in lending across racial demographics?
Walters Bank & Trust reports demographic lending data under HMDA requirements. White applicants have an approval rate of 77.8% and denial rate of 13.9%; Joint applicants have an approval rate of 50.0% and denial rate of 50.0%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.